What is the revenue of UrbanClap?

What is the revenue of UrbanClap?

OVERVIEW – URBANCLAP TECHNOLOGIES INDIA PRIVATE LIMITED It’s authorized share capital is INR 42.04 lac and the total paid-up capital is INR 39.96 lac. Urbanclap Technologies India’s operating revenues range is INR 100 cr – 500 cr for the financial year ending on 31 March, 2021.

Is UrbanClap in profit or loss?

On a unit level, Urban Company spent Rs 2.18 to earn a single rupee of revenue. Annual losses booked by the company surged by 61% YoY to Rs 249.3 crore in FY21 as compared to Rs 155.2 crore during FY20.

Is Urban Company in loss?

The company’s net loss widened 51% to `207 crore in FY21 from `137 crore in FY20, as per regulatory documents sourced by business intelligence platform Tofler. It posted a 13.8% increase in revenue from operations to `239 crore in FY21 compared to `210 crore in FY20.

Is UrbanClap successful?

In 2014, Arun Chandra and Abhiraj Bhal founded UrbanClap, an online services platform that connects customers with service professionals. The company has been a huge success, and today it is one of the leading players in the Indian e-commerce space.

What is the revenue of zomato?

For the fiscal year 2022, losses of the company came in at Rs 1222.5 crore, compared to Rs 816.4 in the previous year. Revenue also increased to Rs 4192.4 crore from Rs 1993.8 crore. The increase in fuel prices does increase Zomato’s delivery cost.

Is Lenskart making profit?

Ratan Tata and Kris Gopalakrishnan have also invested in Lenskart. In March 2018, Wipro’s Chairman Azim Premji invested ₹4 crore in the group, taking the valuation of the company to ₹3,000 crore. In 2018, the company became profitable (EBITDA).

Will Urban Company survive?

In June 2021, the company was valued at ~53x sales, with a $2.1 billion valuation. There is an execution premium embedded in the company’s multiple. After all, Urban Company has survived tough times before.

Who is the CEO of Urban clap?

Who owns Urban Company?

Urban Company co-founder Abhiraj Bhal said it is important to have a brand which is globally acceptable. “From the neighbourhoods of Darling Harbour in Sydney to the condominiums of Gurgaon, Urban Company is a simple name with universal appeal.

Who has invested in Urban Company?

After the deal, the three founders — Abhiraj Singh Bhal, Varun Khaitan and Raghav Chandra — will each own 8.22% of the company. Elevation Capital (formerly Saif Partners) will hold a 14.56% stake, while Accel India will have a 14.40% stake.

Is Urban Company a unicorn?

Urban Company is one of the newest unicorns in India and its app has become the buzzword for home service requirements.

How many employees does urban clap have?

Since inception, Urban Company has built a network of 40,000+ trained service professionals, and served over 5 million customers across major metropolitan cities of India, Dubai, Abu Dhabi, Sydney and Singapore.

Why Urban Company is successful?

Urban Company, previously called UrbanClap, is among the leading startups in India that have witnessed a steep rise in their customer base. The company has made it easy to avail services such as massage and salon without going outside and it is the largest online services provider which has a very simple background.

What is the USP of Urban Company?

And this is UrbanClap’s USP: its all-in-one platform helps users hire any professional, from sofa cleaners and carpenters to real estate lawyers, architects, professional photographers, dieticians, physiotherapists, and yes, personal trainers and home yoga teachers.

Is Nykaa making profit?

E-commerce company Nykaa saw its profit in the December quarter (Q3) drop 59 per cent to Rs 28 crore compared to the year-ago period even as revenue rose 36 per cent to Rs 1,098 crore.

What is the revenue of Swiggy?

Is Swiggy running in loss?

Swiggy’s consolidated losses shrunk to Rs 1,616 crore, a reduction of nearly 59 percent for the financial year ending March 2021, according to regulatory filings, reported ET. However, the company’s consolidated revenue from operations took a beating as it dropped 26.6 percent year-on-year to Rs 2,547 crore.